Are you a contract manager from a supplier or a vendor? It’s important that both parties engage in a structured meeting to ensure clarity and productivity. Here are some standard topics that should be covered during a meeting between a contract manager from a supplier and a vendor:
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The Evolution of Procurement: Why Vendor Management is Becoming Obsolete and Shifting Towards Contract Management
The procurement function has undergone a significant transformation in recent years. With the increasing complexity of global supply chains and heightened compliance requirements, the traditional focus on vendor management is becoming less relevant. Instead, organizations are gradually shifting towards a more comprehensive approach centered on contract management. This article will explore the reasons behind this shift and its implications for the procurement landscape.
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